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The Gannette Co., Inc. - Percentage of Earnings

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Note: Do only c) #2

The Gannette Co., Inc. presented five year summary as part of its 2001 annual report.

C. Based on these data compute the following for 1999 - 2001
2. Percentage of earnings retained

2001 2000 1999
Net Income 831,197,000 1,719,077,000 957,928,000
Total dividends
Declared 238,301,000 228,212,000 228,781,000


Solution Preview

Percentage of earnings retained can be calculated by using the following equation: -

= Net Income ...

Solution Summary

This solution is comprised of a detailed explanation to calculate Percentage of earnings retained for the Gannette Co., Inc.